Blogs

As there have been numerous different schemes opening and closing to support Businesses through the Pandemic, we have compiled a Business Support Update to keep you informed of the latest changes and support available. Strategic Framework Business Fund The Scottish Government have announced a COVID…

As many government guidelines, schemes and deadlines have seen a change in the last few weeks, please see below a summary of schemes that may be relevant to you. 1.VAT If you deferred paying any VAT that was due to HMRC between 20 March and…

As another part of Rishi Sunak’s ‘Plan for Jobs’ (see also Job Retention Bonus) the Kickstart Scheme has been launched. The scheme was designed to create new 6-month job replacements for young people. It is targeted at those that are dependant on Universal Credits and…

The Coronavirus Business Interruption Loan Scheme (CBILS) targets small and medium-sized businesses with loans and financial support of up to £5million turnover. 80% of the finance is guaranteed by the government and they will pay any fees and interest for the first 12 months. Financial…

What is the Job Retention Bonus? As the Coronavirus Job Retention Scheme is closing on October 31st, many employers are left wondering, what comes next? This is where the new Job Retention Bonus comes in. At the end of January bonuses of £1000 will be…

This blog post will outline changes and updates made recently to the Coronavirus Job Retention Scheme, Statutory Sick Pay and the Self Employment Income Support Scheme. Changes to the Coronavirus Job Retention Scheme The Chancellor has recently announced changes to the Coronavirus Job Retention Scheme.…

The Business Bounce Back Loan and Pivotal Enterprise Resilience Fund are two schemes in place to help support SMEs during these difficult times. They were introduced in early May and have been implemented to give businesses cash injections to allow them to continue to operate…

The Coronavirus Job Retention Scheme (CJRS) has provided financial support to millions of UK workers, with 7.5 million claims so far. On Tuesday (12th May) the Chancellor announced an extension to the scheme which will now remain open until the end of October, four months…

As more and more people are making use of the many government support options now available, please see below an update of some of the latest changes or new schemes available. Coronavirus Job Retention Scheme The Coronavirus Job Retention Scheme will be available for an…